ASIC has released its Corporate Plan 2022–26, outlining its strategic priorities for the next four years and its plan of action for the year ahead. (Click image to enlarge) ASIC’s external strategic priorities – text version Product design and distribution: Reduce the risk of harm to consumers of financial and credit products, caused by…
German corporate insolvencies at highest level in a decade, study shows Global Banking | Finance | Review Read the original article here
NCLAT-Fortnightly-March 1-15, 2025 The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2016 (“Code”), during the period between March 1, 2025 to March 15, 2025. For ease of reference, the orders have been categorized and dealt with in the following…
A sale of Rex to private equity ‘isn’t preferred’ by government The Australian Read the original article here
SurfStitch sold surf and beach apparel and once had a $500 million valuation. (Source: Instagram) SurfStitch has become the latest retail brand to be plunged into voluntary administration and faces the threat of liquidation. Not only that, but Nike Australia, which sold certain items to the iconic Australian brand, is chasing $237,760 in what it…
Local News Ostomateship is crucial As the nation celebrates Stomal Therapy Week from June 23 to 29,… Local News Wimmera clubs and community groups receive HSCC funding More than 120 volunteers and committee members from sports and community… Local News HRCC will leave development body At the June Council meeting, Horsham Rural City Council members…
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SIERRA QUADRANT BUCHAREST BRANCH SPRL, headquartered in Bucharest, Str. Traian no. 2, Unirii Complex, Bl. F1, section 3, 1st floor, ap. 3, sector 3, registered under RFO II-0393, VAT ID RO 25852407, email [email protected], in its capacity as judicial liquidator of the company DONAU CHEM SRL, headquartered in Turnu Măgurele, Portului Street no. 1, Teleorman…
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member) and Mr. Barun Mitra (Technical Member) has held that the mere signing of a Master Restructuring Agreement, wherein a third party undertakes to discharge the liabilities of the Corporate Debtor, does not result in the extinguishment of the Corporate…
NCLAT Fortnightly: Important orders on IBC (February 1 – February 16, 2025) Bar and Bench Read the original article here